In this week’s newsletter, read about non-fungible token (NFT) marketplace OpenSea registering a foundation in the Cayman Islands and fueling rumors of a potential token airdrop. Animoca Brands chairman Yat Siu says that NFTs will be bigger than in 2021 and 2022, NFT project CyberKongz receives a Wells notice from the United States Securities and Exchange Commission and Pudgy Penguins’ token plummets more than 50% after its launch.
OpenSea Cayman Islands registration fuels token airdrop rumors
NFT marketplace OpenSea’s foundation registration in the Cayman Islands sparked anticipation of a potential token launch and airdrop. Community members hoped they would be rewarded for using the NFT trading platform. OpenSea told Cointelegraph in a statement that the foundation registration was real but did not provide further information.
On Nov. 4, OpenSea CEO Devin…
Read Full Article at: Cointelegraph.com News
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